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Line of business · Schemes
Schemes: launch a scheme and account back to your capacity
A scheme is a bespoke product for a group, a distributor or an affinity programme, usually under delegated underwriting from an insurance capacity. Hermes is the natural platform for this model: build the product without code, control delegated authority and generate the bordereaux your capacity and reinsurance require.
What schemes you can build
- Affinity programmesA product tied to a group, association or distributing brand.
- Embedded insuranceCover integrated into a partner’s product or service.
- Binders & delegated authoritySchemes under a binder with the capacity’s underwriting limits.
- Multi-country programmesThe same scheme operated across several markets and currencies.
How Hermes manages it
- No-code product workshopDesign the scheme — covers, rates and rules — without depending on development.
- Delegated-authority controlUnderwriting limits, authorisations and rules that reflect your capacity’s binder.
- Automatic bordereauxGeneration and sending of premium and claims bordereaux on the date agreed with each capacity.
- Reinsurance & accountingTreaty and facultative, statements and remittances to close the loop with reinsurance.
- Multichannel distributionCommercial network, branded landings and API for the scheme’s partners.
- Multi-country, multi-currencyOperate the same scheme across several markets from a single platform.
Why Hermes for Schemes
Made for delegated underwriting
Hermes excels at niche products, binders and reinsurance — exactly where a scheme lives.
Bordereaux your capacity accepts
The format and cadence your carrier requires, generated on their own.
From Málaga to Lime Street
A foot in each regulatory regime (DGSFP/EIOPA and FCA) for cross-border schemes.
Frequently asked questions
- Does Hermes generate the bordereaux for my capacity?
- Yes, automatic premium and claims bordereaux, in the format and on the date agreed with each carrier.
- Can I reflect my binder’s limits?
- Yes. Delegated-authority rules control underwriting limits and authorisations.
- Does it work for schemes in several countries?
- Yes. Hermes is multi-country, multi-currency and multi-language.